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Author Archives: Vijayashankar Na
IT Companies vie for business from New Banks
Even before the decision on which of the 26 applicants will get Banking license, Infosys, TCS and Oracle are vieing with each other for supply of Core Banking software to the new Banks. It is estimated that each Bank will … Continue reading
Posted in Bank, RBI
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Loan Through SMS ??
There is an interesting website on the cyber space which promises all kinds of loans for which application can be made through SMS. Check this interesting website http://www.cgtmse-govt.in The site sports photographs of all Congress leaders including Mrs Sonia Gandhi, Dr … Continue reading
Posted in Cyber Law
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Mumbai High Court Upholds Adjudicator’s decision
Mumbai High Court has upheld the decisions of the Adjudicator of Maharashtra Mr Rajesh Agarwal in respect of two cases referred to it by ICICI Bank. The Bank had challenged the order of the Adjudicator and prayed for a stay … Continue reading
Android to be banned?
The proliferation of adult content on android apps has drawn the attention of the Government and serious thoughts are being given to the ways and means of controlling the menace. One of the thoughts that is flying across is whether … Continue reading
Telecom Security Policy
Close on the heels of the announcement of the National Cyber Security Policy, the Government is likely to announce a “Telecom Security Policy”. The draft of the policy is said to have been submitted to the National Information Board and … Continue reading
Posted in Information Assurance
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22 Banks Fined for KYC Failure
22 Banks have been fined by RBI for KYC failures. The fines range from Rs 0.50 lakhs in the case of Ratnakar Bank to rs 3.002 crores in the case of IOB. Most other Banks have been fined between 2.50 … Continue reading
Posted in Bank, RBI
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